The Environmental Review Committee, a cross government and academic environmental regulatory body, approved the plan on Wednesday. This clears the way for TSMC to start construction of the facility in early 2022, and begin installing production equipment by 2023, sources familiar with the plan told Nikkei Asia.
"Semiconductor is one of the most crucial industries to Taiwan's economic growth," Economics Vice Minister Lin Chuan-neng said at the environmental review committee meeting. "The government will help TSMC to achieve its environmental targets while continuing to build the advanced technologies."
The 2nm chip facility will be located in Hsinchu's Baoshan township and will cover nearly 50 acres. It's expected to use 98,000 tons of water a day; however, TSMC has promised to use 10% recycled water by 2025 and 100% recycled water by 2030.
More details in the full report linked below...